About This Home

This 3-bedroom, 3-bathroom residential multi family at 217 W Cherry St in Lancaster, WI is listed for $186,000. Built in 1890, on a 0.06 acres lot.

Key Features

  • Built in 1890
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
3 full
1890
Listing Description

This 3 unit income property in downtown Lancaster has a commercial space on the main level and 2 residential units on the upper w/nice wood floors. This is a solid brick building and has been well maint w/numerous updates, incl furnace, plumbing, electrical, flooring, etc.

The main level space is vacant and could be used for numerous purposes. It has a full bath, an office, as well as a lg storage area. Lg display windows and is very clean. There`s a 1 bd unit upstairs occupied, m-to-m. That unit has an open concept w/a nice kit area, liv rm and din area.

There is a nice bathroom w/laundry. The other upper space is an efficiency unit w/a full bath. All appl are incl. Rents have been $550-main level commercial unit. $500-upper efficiency unit and $600-1 bd upper unit. PLUS - Tenants pay $150/month toward the utilities, ($450/m total). Full basement for storage..

Monthly Cost Estimate

$995/mo

20% down · 6.5% · 30 years

Principal$135
Interest$806
Insurance$54

Estimates only. Actual payments may vary.

Location

217 W Cherry St

Lancaster, WI 53813

Property Details

Heating

Forced Air

Appliances

2

Questions & Answers

This 3-bedroom, 3-bathroom residential multi family at 217 W Cherry St is listed at $186,000. The estimated monthly payment is $995 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.06 acre lot, 2 stories.

This property is listed by Scott Schroeder and can be reached at 6086172727.

SS

Scott Schroeder

Agent at RE/MAX Preferred

(608) 617-2727
Agent website

Listed by RE/MAX Preferred · Broker phone: (608) 393-3330 · View on Broker Site · Broker website

MLS# 1995302· Source: REALTORS® Association of South Central Wisconsin· 278 days on PropertySimple

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

217 W Cherry St, Lancaster, WI 53813

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